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XRP Ledger Broke Its Transaction Record, and 20 Wallets Did Most of It

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: The XRP Ledger crammed a record 3,254 transactions into one ledger on Sept. 13, yet 2,000 of them were identical 1-drop payments fired by just 20 wallets. The Number on the Explorer The record belongs to ledger 106,965,249, which closed on Sunday, Sept. 13, holding 3,254 transactions. Hussein Zangana, the XRP Ledger Foundation community director […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Record transaction volume driven by test transactions from 20 wallets has no meaningful market impact.

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XRP Ledger Broke Its Transaction Record, and 20 Wallets Did Most of It — Crypto Insight